§435E-23  Member failure to pay.  In theevent a participating member fails to pay any assessment when the same is due,the board of trustees may terminate such person's membership status if suchfailure to pay is not cured within thirty days from the date the assessment wasdue.  Upon termination the former participating member shall not be entitled tothe return of all or any part of his or her initial contribution, and theindemnity coverage shall thereupon terminate as to all claims then pending againstsuch person and in respect to all occurrences prior to the date of suchtermination of membership.  However, in the event the interindemnityarrangement is then providing legal defense services to such person, theinterindemnity arrangement shall continue to provide those services for aperiod of ten days following such termination. [L 1977, c 182, pt of §1]